president obama a lot of cover, the economy needs to start recovering before before we make any sacrifices before we ask people to make any sacrifice and i think there the president will be able to if he is reelected to kind of have a simpson-bowles moment and that is what clinton is trying to set him up to do. >> i also thought he gave cover in another way which is to say, there is a lot to be dealt with here, first in the short-term and the long-term, and we don't expect the president to come out and say right now what his negotiating position, what his end point is going to be of the negotiations so everyone should get together and start working on this. so when president obama said he was thinking about naming bill clinton as secretary for explaining stuff, he also meant not quite explaining it when the need arose. >> yes. >> schieffer: peggy, let me just start with you. this week, i mean, you write this column for the wall street journal, many conservatives look to you for advice. i mean you are a leading voice on the right. you called the romney campaign this week a rolling calamity.